Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Moonman62

What's the national debt up to now? You have to at least subtract the debt ceiling from that total.


6 posted on 12/21/2004 9:18:43 PM PST by FITZ
[ Post Reply | Private Reply | To 5 | View Replies ]


To: FITZ
What's the national debt up to now? You have to at least subtract the debt ceiling from that total.

In some sense, yes. However, GDP is an annual figure. The debt figure is cumulative. Still, we must compare apples to apples. Other countries also have debt.

8 posted on 12/22/2004 2:29:11 AM PST by Moonman62 (Federal Creed: If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it.)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson